JAKARTA – The government has decided to allow foreign entities to purchase credits in the Indonesian carbon market, paving the way for multinational companies and institutions to tap into the country’s large carbon trading potential. Businesses involved in carbon-trading schemes lauded the decision, adding that it was aligned with the 2016 Paris Agreement on climate change....Read More

The world must generate stronger incentives and cooperative actions to achieve deeper decarbonization before 2030. Implementing Article 6 of the Paris Agreement can accelerate a more cost-effectively transition to a low-carbon economy. The active collaboration between governments and the private sector is the next essential step to expand the operationalization of Article 6. The Sixth...Read More